Why Ben Bernanke Should Take A Fast Fed-Exit

I WANT TO CONTINUE EARLY WEDNESDAY and talk more about why Ben Bernanke needs to leave the Federal Reserve now. He should not be re-confirmed as its chairman. He's abused his position and politicized the money supply--- the U.S. dollar (with Geithner at Treasury) and short-term interest rates drop to scandalous lows---as commodity bubble-after-bubble (housing, gold, oil and gas) blew up and burst in our faces greatly diminishing Americans' buying power, dastardly stunting our savings power and jeopardizing our childrens' and grand-childrens' fiscal future in ways we can't now fathom.

Sadly our neophyte president thinks Bernanke should continue to soldier on for the good of the country. But nothing could be further from the truth. Keeping Ben at the Fed is a decision that would be about as fortuitous and costly to our country as the puerile and frightening decision to conduct the KSM terrorist trial in New York City. It's ill-conceived, badly thought-out, wildly expensive and just plain wrong. I want to talk about why.

But first a good night's sleep.